MySpace Cutting Corners

January 16, 2011

Mike Jones, the chief executive of MySpace, said cuts are ‘tough but necessary’.

A previous round of cuts in June 2009 eliminated 30% of its work force, or about 420 jobs.

The relaunch focused MySpace on giving its users, mostly aged 13 to 34, more ways to consume music, videos and celebrity gossip.

The entertainment site MySpace is cutting again – about 500 people, nearly half of its staff worldwide, after an extensive revamp in October overhauled its look and allowed it to be run with fewer people that put the site on a path to profitability while making it more nimble and entrepreneurial.

MySpace recently said it is no longer trying to compete with Facebook. Facebook earned US$355 million on revenue of US$1.2 billion in the first nine months of last year. Before, MySpace tried to be an all-purpose social networking site like Facebook.

News Corp bought the site in 2005 for US$580 million but it has been losing money consistently.

In the three months through Sept 30, the ‘other’ segment housing MySpace lost US$156 million, about US$30 million more than the previous year, mostly because of lower search and ad revenue at MySpace.


Micro-Bloggers Police Officers In China

January 10, 2011

Twitter in 2009 joined the ranks of high-profile foreign Internet services that are blocked by China’s censors.

Several Chinese clones who took the opportunity to fill the void draw tens of millions of users found immediate success.

Many Chinese, amidst regular reports of officers ignoring public concerns or dealing harshly with ordinary citizens, view police negatively and news about official and police misdeeds often trigger heated comments on micro-blogs.

The country’s Communist authorities have taken note and in a bid to counter heavy-handed image and to ‘guide public opinion’, at least 500 police bureaus throughout China, have set up accounts and are sending out messages on Twitter-like micro-blogging services that have become wildly popular in China.

Police improved communications with tech-savvy citizens and praised Internet users for ‘supervising’ the government where officials have repeatedly advocated wider government use of micro-blogs, which enable users to send out 140-character messages .

Last June, a government white paper on the Internet issued  singled out micro-blogging as a useful communication tool.

When Deprived Of Information…

January 4, 2011
Girl on Facebook: Facebook stress may have triggered asthma attack

Photo Source: The Telegraph

Information Deprivation Disorder – The term scientists used on volunteers at 12 universities around the world, who, for 24 hours were without access to computers – all emails, text messages, Facebook and Twitter updates – mobile phones, iPods, television, radio and even newspapers.

Participants were asked to keep diaries about their experience, and entries showed that many recorded feeling fidgety, anxious or isolated.

They were found to develop symptoms typically seen in smokers attempting to give up.

Some of them felt like they were undergoing “cold turkey” to break a hard drug habit, while others said it felt like going on a diet.

The symptom is not psychologically, but physically too as using some of the modern technology and new media is changing us.

The findings raised concerns by neurologists and psychologists about the impact that excessive use of the internet, computer games and social networking sites are having on the so-called “Net Generation” of teenagers and young adults.

What was amazing for us was how dependent people now are on their technology.

If we become a bit more aware how we are using this technology, it might help us to control the effect it has on us.

People often don’t own watches or alarm clocks because mobile phones are able to wake us up.

Some people didn’t find it hard but abstinence from music is difficult to participants as a lot of them found quite uncomfortable and awkward in silence, but as they got used to it they began to notice more things around them like birds singing or hearing what their neighbours were doing.

Participant were allowed to use landline telephones or read books.

There were some good effects of not sitting in front of computer – They went out for walks and visited friends.

Going Online From The Top Of The World

December 27, 2010

The newly installed 3G towers near Mount Everest’s base camp, let explorers surf the Web, tweet and post Facebook updates without worrying that their signals will disappear into thin air.

The new high-speed service by Ncell, a subsidiary of Swedish telecom company TeliaSonera, will allow mountaineers setting off to the summit of the world’s tallest mountain to access wireless Internet and make video calls to family, friends and supporters.

You can’t get away from a cell phone call for sure, even at the top of the world – It’s inevitable.

Apple 1 Surfaced In Auction

December 21, 2010

The first ever Apple computer has its processor works 1,000 times slower than the Apple iPad.

The Apple I had only 200 such models ever made – introduced in 1976, it was the only personal computer to come with a fully assembled motherboard, making it ready to use straight from the box — provided the user a keyboard, power supply, and display, sold for $666.66 and its availability was discontinued in 1977.

But last month, one of it was auctioned for 425 times the price – 133,250 pounds (about $210,000) to Italian private collector who loves computers, Marco Boglione, who made his offer over the phone.

The Apple I computer came with its original packaging and a signed sales letter from Steve Jobs, one of Apple Computer’s co-founders and the current CEO of Apple Inc.

Apple Computer co-founder Steve Wozniak, was present at the technology auction of technological greats.

He agreed to add an autographed letter to the lot, saying the the auction was a historic moment for his work, as his heart went out to see things auctioned off like the writings of British mathematician Alan Turing, considered one of the founders of modern computing, and Enigma, the German code-making machine, and the Apple I.

Retirement? Of Top Hacker

December 15, 2010

After previous announced retirements in 2007 and 2008 of the programmer who wrote ZeuS – malicious software, it announced its recent retirement yet again.

Security experts believe there is a good chance it will soon emerge with even more powerful ways to steal, a pattern seen of  its behaviour.

ZeuS’ anonymous programmer, first introduced ZeuS in 2007 as spyware that would hide in users’ computers and log keystrokes to steal passwords.

The programmer used a middleman to sell the spyware software with 24/7 support, which the basic version would run as low as US$1,000, to criminal gangs which used to have preference of small companies, townships and even churches.

But recently, they emptied brokerage accounts at E*Trade Financial Corp and TD Ameritrade Inc.

Authorities in the United States, Britain and the Ukraine arrested dozens of people allegedly involved in a global cybercrime scheme that used a version of the ZeuS Trojan to steal US$70 million from US bank accounts about a month ago.

This year, an estimated US$100 million was stolen from US towns, companies and individuals.

The Future High-Speed Wi-Fi

December 9, 2010

Two years of intensive research and development, had led  A*STAR Institute of Microelectronics (IME) team to develop critical building blocks for receivers and transmitters, that will enable millimetre-wave chips to be produced cost-effectively.

Straits Times reported the A*Star team exploited high radio frequencies to enable three 25GB Blu-ray movies to be wirelessly downloaded in a minute, which the research team hope would open up a myriad consumer applications’ for home entertainment, mobile electronics and can potentially ‘eradicate’ messy cables for transferring data between devices.

The new series of high-speed wireless communication chips uses silicon-based materials to communicate data at a rate of 10Gbps on a 135 GHz band.

Data that can be communicated 100 times faster than present-day Wi-Fi.